A bill to expand the HOME Investment Partnerships Program, and for other purposes.

# Summary of S 3901: HOME Investment Partnerships Program Expansion **What the Bill Would Do** This bill seeks to expand the HOME Investment Partnerships Program, a federal program that provides grants to states and localities to build, rehabilitate, and preserve affordable housing for low-income families. If passed, the bill would increase funding or expand the scope of this existing housing assistance program, though specific details about the expansion aren't provided in the basic bill description available. **Who It Affects** The bill would primarily benefit low-income households seeking affordable housing, as well as state and local housing agencies that administer these programs. It could also affect housing developers and nonprofits that work on affordable housing projects. Taxpayers would be impacted through federal funding allocation. **Current Status** S 3901 is currently in committee, meaning it has been introduced but has not yet been debated or voted on by the full Senate.

The bill was sponsored by Senator Ted Budd (R-NC). Without access to more detailed legislative text, additional specific provisions cannot be summarized. Those interested in the bill's exact provisions can review the full text through Congress.gov.